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MBH Bank, Hungary's second-biggest commercial lender, on Tuesday announced the acquisition of a controlling stake in real estate broker Otthon Centrum from a unit of Biggeorge Holding.
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Hungary will introduce motorway toll reductions in 2026 — the first price cuts since the vignette system began. The discounts apply in five counties and are intended to compensate drivers for long-term traffic disruptions caused by major construction projects on the M1 and M30, according to Origo.
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According to a recent online survey by Csodásmagyarország.hu, Tokaj remains the most popular Hungarian wine region among domestic respondents, followed by Eger and Villány. The findings were announced by Visit Hungary.
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The H5 suburban railway linking Budapest and Szentendre will be upgraded after 40 years, MÁV group CEO Zsolt Hegyi announced in a video posted on his Facebook page.
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When winter settles over Budapest, the city becomes one of Central Europe’s most atmospheric places for outdoor skating. From historic rinks framed by landmark architecture to newer venues with a contemporary edge, the range of options for expats is nice and wide.
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The exhibition has been extended until February 1, 2026. For expats seeking a vibrant cultural outing, this dazzling blend of art, technology, and storytelling is an excellent experience in Budapest, as visitors are enveloped in shimmering projections of Klimt’s gold-embellished masterpieces, accompanied by evocative soundscapes.
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Sziget Festival’s future is back on stable ground. Founder Károly Gerendai has regained control of the event after the previous owners withdrew from the Hungarian market, a move that had placed the festival’s continuity in doubt.
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The fresh newsletter for the International Community in Hungary - described by readers as a "Great read each week" - is now available for your interest and use via the link below.
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By early Wednesday evening, the euro's exchange rate approached 381 Forints, marking an 18-month high for the Hungarian currency. The euro stood above 384 Forints on Wednesday morning, but the Forint began to strengthen steadily from 11 AM, with the rate falling below 381.7 Forints just before 7 PM.
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Talks with the government on Budapest's financial situation are yet to begin, even though the municipality is ready to start negotiations, the director-general of the mayor's office, Ambrus Kiss, said at a panel discussion .
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The United States Embassy in Budapest is explicitly preparing for the possibility that Budapest will host a summit between Donald Trump and Vladimir Putin, according to Robert Palladino, the outgoing US Chargé d’Affaires. Palladino’s post is expected to be filled by New York businessman Benjamin Landa as the permanent ambassador.
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The Hungarian Competition Authority (GVH) on Wednesday said it ordered the Hamburg-based operator of online retailer About You to pay a fine and offer several hundred thousand Hungarians compensation for unfair business practices.
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This year's Telekom Vivicitta, Wizz Air Budapest Half Marathon and SPAR Budapest Marathon Festival attracted over 50,000 foreign visitors to the capital, a new record, the Budapest Sport Office (BSI) said on Wednesday.
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Home prices in Hungary rose 17.9pc year-on-year in the second quarter, climbing at the fastest pace in the European Union, the National Bank of Hungary (NBH) highlighted in a report published.
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